The Latest Breaking News from Insurance

“We literally click and submit,” one former company doctor said

SET-listed Bangkok Insurance (BKI) has set aside 1 billion baht for its investment in Thai shares this year, with a focus on banking stocks that are projected to yield higher returns than last year as interest rates rise, says chairman Chai Sophonpanich.

Lawmakers from both parties are open to executive compensation clawback legislation after the failure of SVB and Signature Bank.

North Carolina’s Republican-led legislature last week approved the expansion of Medicaid to more low-income adults, leaving only 10 states that continue to reject the federal government’s incentives under the Affordable Care Act. Medicaid expansion, aimed at adults who make too much money to qualify for conventional Medicaid but not enough…

Collapse of tech sector lender will cost about $20bn in deposit insurance payouts, say US regulators

The Federal Deposit Insurance Corp. says it has agreed on the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co. The sale involves the sale of all deposits and loans of SVB to First-Citizens

A Western Australian financial planning business has admitted three charges of dishonest conduct over false information on AMP insurance applications.

Bosses at pensions and life insurance giant Legal & General also warned that inequalities across Britain have worsened over the past year.

As New Zealand considers how to better prepare for a future affected by climate change, the insurance sector needs to be part the discussion on where and how we build our homes.